Dogecoin cryptocurrency began as a joke, but morphed into a real store of value (albeit, an inexpensive one).
Dogecoin, a cryptocurrency originally based on a dog meme, has seen its value soar over the past two days as Reddit users turn their attention to the doggo-themed digital currency. The attention pushed the cryptocurrency to a new all-time high on Thursday — just over $0.07.
On Thursday, Tesla and SpaceX CEO Elon Musk even tweeted a fake dog-themed magazine cover, apparently in support of Dogecoin, after the digital currency reportedly jumped a whopping 420% in value in a single day.
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Source CNET Internet News
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